The government will expand youth monthly rent support from households at or below 60% of median income to those at or below 100%, effective next year. This will make young people earning up to 2.73 million Korean won a month eligible. For youth in the second-lowest income bracket or below, the maximum support period will double from 24 months to 48 months. The measures were announced on the 28th in the joint inter-ministerial "Comprehensive Investment Promotion Strategy for Youth Growth Stages." The Ministry of Land, Infrastructure and Transport said the package is designed to build a housing ladder as high housing costs relative to income and the risk of jeonse fraud (fraud involving large-deposit leases) continue to undermine housing stability. The monthly rent tax deduction for non-homeowning youth with annual income of 80 million Korean won or less will rise to 17%, from the general rate of 15%, while the annual deduction limit will increase from 10 million Korean won to 12 million Korean won. Eligibility for support with jeonse deposit return guarantee premiums will expand to 200% of median income, and the annual income threshold for the Youth Housing Dream Savings Account will rise from 50 million Korean won to 70 million Korean won. The government will also introduce universal-type public rental housing for youth, focused on locations near transit hubs and larger units, with more than 50% of new units allocated to young people. The maximum support limit will be 240 million Korean won, and the income threshold will be relaxed to 140% of median income. New equity accumulation and profit-sharing purchase models will help young people with limited initial assets acquire homes.